CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced a $50 million Customer Relief Fund to help low- and middle-income (LMI) customers struggling as energy supply costs escalate this summer. Exelon's local energy companies – Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco – will join with trusted local nonprofits to determine customer eligibility and administer reli...
CHICAGO--(BUSINESS WIRE)--In 2024, the award-winning ComEd Energy Efficiency Program helped customers save over 13 million megawatt hours (MWhs) of electricity, surpassing state law requirements. Since 2012, installed energy-efficiency measures have continued to deliver savings. This resulted in nearly $1.3 billion in electric bill savings for customers last year, according to ComEd. The energy...
CHICAGO--(BUSINESS WIRE)--ComEd today announced that the Illinois Commerce Commission (ICC) has approved its second Beneficial Electrification (BE) Plan, investing approximately $168 million over a three-year period beginning in 2026. The continuation of ComEd's BE funding marks a significant step forward in ComEd's commitment to advancing electric vehicle (EV) adoption and reducing emissions i...
CHICAGO--(BUSINESS WIRE)--To expand efforts to support customers considering making the switch to electric vehicles (EVs), ComEd today announced the launch of its new EV Ambassador Program, a community-driven initiative designed to expand education and awareness around EV adoption and benefits in northern Illinois. The program will launch with the introduction of three local partner organizatio...
ROCKFORD, Ill.--(BUSINESS WIRE)--ComEd today graduated nearly a dozen participants of its first Skilled Cohort in Rockford; part of its Market Development Initiative (MDI) that provides resources and training to help create a diverse, local workforce that is qualified to take on roles in the growing energy efficiency industry. Over the course of five weeks, entrepreneurs completed training to b...
There are certain predictable themes in investing. One of those is that utilities stocks tend to shine in times of uncertainty.
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